Trading & Investment

    Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.

    Structural Regulation

    CSRC Starts Accepting Licence Applications from US Fund Managers

    By Editors | 02/04/2020

    BlackRock and Neuberger Berman applications to set up wholly-owned mutual fund units were accepted on the first day foreign ownership caps were scrapped in China.

    Trading & Investment

    India Further Opens Bond Market to Non-resident Investors

    By Editors | 02/04/2020

    The RBI has fully opened certain categories of government securities to non-resident investors and raised the FPI limit for investment in corporate bonds.

    Trading & Investment

    HKFE Offers Cash to Market Makers in Mini Metals Futures

    By Editors | 01/04/2020

    A HKD 30,000 cash stipend is offered per contract per month per trading session upon fulfillment of quoting obligations in aluminium, zinc, copper and nickel mini futures contracts.

    Structural Regulation

    UPDATED – ASIC, ASX Offer Relief from Capital Raising Rules

    By Editors | 01/04/2020

    The relief applies to listed entities looking to offer placements, rights issues and share purchase plans as a way to urgently raise capital to mitigate the effects of Covid-19.

    Trading & Investment

    Short-selling Bans Fail to Achieve Positive Effects: WFE

    By Manesh Samtani | 31/03/2020

    In Asia, South Korea, Malaysia and Indonesia have imposed short-selling bans, while Thailand, Taiwan and India have tightened their rules to make the practice more difficult.

    Trading & Investment

    China Launches New LPG Futures, Options Contracts

    By Editors | 31/03/2020

    The day-apart launches mark the first time futures and options for a single product debut nearly simultaneously on a Chinese commodities exchange.

    Structural Regulation

    Goldman, Morgan Stanley Approved to Control China Securities JVs

    By Editors | 29/03/2020

    The two US banks have approval to raise their stakes in their securities joint ventures to 51%. On 1 April, foreign ownership caps for securities firms and fund managers will be scrapped entirely.

    Liquidity Risk

    SFC Steps Up Scrutiny of Fund Industry Amid Recent Volatility

    By Editors | 27/03/2020

    The SFC reminds managers, trustees, custodians and intermediaries of funds to look out for clients interests amid “unprecedented volatility across asset classes”.

    Capital Adequacy

    SC, Bursa Malaysia Ease Margin Financing Rules for Brokers

    By Editors | 26/03/2020

    Brokers are no longer required to liquidate client holdings, make margin calls, or impose haircuts on collateral if client equity balances fall below 130%.

    Credit Risk

    OJK Indonesia to Extend Payment Deadlines for MSME Loans

    By Editors | 25/03/2020

    OJK will extend loan payment deadlines for MSMEs by up to one year and prohibit the use of debt collection services, while Bank Indonesia asks banks to lower lending rates.

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